Peugeot 508 Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Peugeot 508 cars have gone through a strong rise during the last 6 months. In July the price for a car is £33,262 increasing till £35,582 in August. During the following two months (September, October) the average selling price experienced a noticeable rise, going up 17 % from £34,422 to £40,272.5. The average price has risen 5 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (£39,264) during November and December.
The average price for Peugeot 508 has had a strong rise in recent years. Between 2011 and 2017, the average price is £7,966.29. There was a significant inflation of the average price in 2011 (£4,987) moving up till (£11,445)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 147 %. During the last two years, prices in the car industry have gone through a strong rise of 24 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (£25,952.5) and the the last two years that have been analyzed (2020, 2021) with a price of £32,260.
The graph that displays the price for Peugeot 508 cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 88 % more affordable than the average price (£39,630). Next with a price of £8,324 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 1% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at £27,924.
The graph showing the average price for the fuel type for Peugeot 508 cars points out to "Diesel" as being the cheapest fuel type. It is 38 % less expensive than the average market price (£39,630) followed by "Petrol" priced at £31,628. On average the cheapest type of fuel is "Hybrid". It´s price is 18 % more affordable than the average market value followed by "Petrol" with a price of £31,628.
The graph displaying the average price for vehicles with doors shows that Peugeot 508 automobiles with the cheapest price have 4 doors. They are 83 % cheaper than the average price for this model priced at £6,824. Cars with the lowest price have 5 doors and are 1 % cheaper than the average previously displayed.